Boost Run (NASDAQ:BRUN) Stock Sees Heavy Call Option Buying

Boost Run (NASDAQ:BRUN) was the recipient of some unusual options trading activity on Friday. Investors bought 14,161 call options on the company. This is an increase of 48% compared to the average volume of 9,542 call options.

Analyst Ratings Changes

BRUN has been the topic of several research analyst reports. Craig Hallum restated a “buy” rating on shares of Boost Run in a report on Wednesday, July 1st. Zacks Research raised shares of Boost Run to a “hold” rating in a research note on Tuesday, September 29th. Northland Securities upgraded Boost Run to a “strong-buy” rating in a report on Monday, September 28th. BTIG Research reiterated a “buy” rating and set a $45.00 price objective on shares of Boost Run in a report on Friday, August 14th. Finally, Wall Street Zen cut Boost Run from a “hold” rating to a “sell” rating in a research report on Saturday, October 3rd. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $42.75.

Boost Run Stock Performance

Shares of NASDAQ BRUN traded down $1.19 during trading hours on Friday, hitting $8.89. The stock had a trading volume of 4,261,698 shares, compared to its average volume of 3,000,095. The company’s 50-day moving average price is $16.66. Boost Run has a 52 week low of $8.81 and a 52 week high of $42.00.

Boost Run (NASDAQ:BRUN) last issued its quarterly earnings data on Friday, August 14th. The company reported ($0.24) earnings per share for the quarter. The company had revenue of $31.14 million for the quarter. On average, analysts predict that Boost Run will post -1.95 EPS for the current year.

Insiders Place Their Bets

In other Boost Run news, Director Sean Goodrich sold 500,000 shares of the company’s stock in a transaction that occurred on Monday, September 14th. The shares were sold at an average price of $14.00, for a total value of $7,000,000.00. Following the transaction, the director owned 4,437,921 shares in the company, valued at approximately $62,130,894. This represents a 10.13% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. AWM Investment Company Inc. acquired a new stake in shares of Boost Run in the 2nd quarter valued at $31,581,000. Harraden Circle Investments LLC bought a new stake in Boost Run in the second quarter worth $28,390,000. Wellington Management Group LLP bought a new stake in Boost Run in the second quarter worth $24,033,000. FirstWave Capital Management LLC acquired a new position in Boost Run during the second quarter worth $3,440,000. Finally, Greenland Capital Management LP acquired a new position in Boost Run during the second quarter worth $2,615,000.

About Boost Run

Boost Run, Inc develops and provides cloud infrastructure for artificial intelligence (AI) and computing workloads. The company’s platform delivers GPU computes, CPU nodes, managed Kubernetes orchestration, shared network storage, networking fabric, and hyperscaler interconnects. The company was founded in 2023 and is based in Northbrook, Illinois.